Why A Pick-up In Inflation May Not Bother The RBI
Inflation in India is rebounding and is on course to accelerate after the world’s biggest election concludes this mont... Read more
Facing Liquidity Squeeze, NBFCs/HFCs Pin Hopes On Banks To Resume Lending
See securitisation as short-term solution Read more
HMSI Partners With IDFC FIRST Bank To Offer Financing Solutions
Honda Motorcycle & Scooter India (HMSI) on Tuesday said it has partnered with IDFC FIRST Bank to provide financing s... Read more
G7 Countries To Simulate Cross-border Cyber Attack On Banks
Financial watchdogs are preparing one of the broadest war-gaming exercises to test the effect of a cyber attack that dis... Read more
Paytm Launches Cash-back Driven Credit Card With Citi Bank
Paytm First Card to offer unlimited 1% cash-back on purchases Read more
Andhra Bank Posts Rs 1,234-cr Net Loss In Q4
Andhra Bank has posted a net loss of Rs 1,234 crore in the fourth quarter ended March 31, 2019.Compared to a net loss of... Read more
Rising Balance In Jan Dhan Accounts Spells Windfall For Banks
The no-frills deposits drive growth in CASA Read more
Introduction Of New Pension Scheme In SBI Has No Legal Effect, Rules Kerala High Court
The High Court of Kerala has declared that the introduction of Defined Contributory Pension Scheme/New Pension Scheme (... Read more
SBI To Seek Consultants Help To Draw Up Long-term Growth Plan
Bank wants to improve Return on Assets and pre-provisions operating profit Read more
TGB Q4 Net Profit Up 23%
Telangana Grameena Bank (TGB) has posted a 23 per cent increase in net profit at ₹43 crore in the financial year ended... Read more
Settle Cyclone Fani Claims Faster: IRDAI To Insurers
The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers to settle claims faster in the wa... Read more
NHB Gives Nod To DHFL To Divest Stake In Aadhar Housing Finance
Dewan Housing Finance Corporation Ltd (DHFL), on Tuesday, said the divestment of its stake in Aadhar Housing Finance Ltd... Read more
RBI Plans More Forex Swaps, Steps To Inject Cash Says Officials
These latest moves are expected to increase cash in the financial system Read more
Lenders Approve Patanjalis ₹ 4,325 Cr Bid For Ruchi Soya
In its first major acquisition, Yoga guru Baba Ramdev-led Patanjali Ayurved walked away with debt-ridden edible oil firm... Read more
Non-food Bank Credit Up 12 Per Cent In FY19: RBI
Non-food bank credit increased by a robust 12.3 per cent year-on-year (YOY) in March 2019, compared to an increase of 8.... Read more